Oilfield Surfactants Market to Rise at a Brisk Pace in Coming Years

Oilfield Surfactants are important type of oil field specialty chemicals that are utilized in oil extraction, transportation and refining processes for augmenting the recovery process of petrochemicals from the wells.

According to IndustryARC Research, the Oilfield Surfactants Market is estimated to generate revenue of $1.1 Billion by 2020.

MARKET SEGMENTATION:

Oilfield Surfactants Market has been broadly classified into several segments based on the following:

1. By Type: Anionic, Cationic, Non-Ionic, Amphoteric and Others.

2. By Application: Emulsifiers-Demulsifiers, Lubricants, Dispersants and Others.

3. By Substrate: Synthetic/Petrochemical, Bio-Based/Oleochemical

MARKET GROWTH AND TRENDS:

The increase in energy demand over the last decade propelled by economic development in developing regions has increased output of oil and gas extraction. This has resulted in growing demand for oil field chemicals used in exploration, extraction and refining process. Booming crude oil production to cater the growing oil demand from emerging economies is the major driver for oil field surfactants. Growing interest in bio-based oil surfactants is set to propel market growth of this niche category. Environmental concerns and decreasing oil prices might restrain oil production refraining market growth.

The anionic surfactants are the dominant type. The amphoteric surfactants are best used for corrosion inhibition and are used in enhanced oil recovery technology such as steam flooding. Each of these types is further divided in to subtypes as well. The oilfield surfactants market is analyzed based on type of substrates including synthetic and bio-based oilfield surfactants. Due to the growing environmental awareness the demand for bio-based oil field surfactants is witnessing rapid gains outpacing synthetic substrate types.

GOEGRAPHICAL PURVIEW:

An extensive overview of the oilfield surfactants market from geographic perspective is provided in the report....